๐ฅ ANKR Breaking Out Of Massive Triangle: Update
Yesterday I made a analysis on ANKR and the break out from the triangle pattern.
The break out was swift and deadly, all targets reached within two hours, with the top around $0.18.
After this move, ANKR has been steadily trading down. I'm expecting the next major area of support to be around the 0.786 Fibonacci retracement, see the pink area.
In case of a reversal, I'm targeting the blue area between the 0.382 and 0.5 Fibonacci retracement lines.
Happy trading!
The break out was swift and deadly, all targets reached within two hours, with the top around $0.18.
After this move, ANKR has been steadily trading down. I'm expecting the next major area of support to be around the 0.786 Fibonacci retracement, see the pink area.
In case of a reversal, I'm targeting the blue area between the 0.382 and 0.5 Fibonacci retracement lines.
Happy trading!
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